Sensex Soars 900 Points, Nifty Above 24,550: 5 Reasons Behind Market Rally

The Indian stock market closed higher on Friday with the Sensex rising 917 points and Nifty gaining 255 points. This sharp increase came after a mix of positive news that improved investor confidence.

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Rupee Hits 7-Month High

The Indian rupee strengthened to 83.90 against the US dollar, its highest level since October 2024. Traders said this happened because of strong capital inflows into both stock and debt markets and positive signs in India-US trade talks.

Foreign Investors Continue Buying

Foreign Institutional Investors (FIIs) have been putting money into Indian stocks for eleven straight sessions, adding over Rs 37,000 crore. Experts believe this steady investment shows growing trust in India's economy.

US-China Trade Talk Hopes Improve Global Sentiment

China has shown interest in restarting trade talks with the US, and this helped improve investor mood globally. If talks between these two major economies go well, it could reduce global trade tensions.

Record GST Collection Shows Strong Economy

India's GST collection in April hit an all-time high of Rs 2.37 lakh crore, a 12.6% increase from last year. This points to strong consumption and economic resilience in the country.

Optimism Over India-US Trade Deal

US President Donald Trump recently said that talks with India over tariffs are going well. Analysts believe a successful trade deal could boost Indian exports and further lift market confidence.

Top Gainers Today

Companies like Adani Ports, Maruti Suzuki, Hindalco, and IndusInd Bank were among the top performers, gaining up to 5%.

Expert Advice

Experts advise being cautious in the short term due to high market valuations and regional tensions. They suggest keeping some cash in hand while staying invested.

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